Dreyfus Growth Is Hurt
By Lengthy Reorganization

By

Matt Murray Staff Reporter of The Wall Street Journal

Updated July 1, 1998 11:59 p.m. ET

Throughout the mutual-fund boom of the 1990s, Dreyfus Corp. has been a lion in winter.

Mired in a prolonged reorganization after missing the boom in stock funds, the company with the trademark lion logo hasn't tapped much of the torrent of investor cash that has been flooding into funds.

Dreyfus today manages about $110 billion in its 150 mutual funds. But that's only about $30 billion more than it had in December 1993 when...